Fossil Energy
BW Offshore changes Ruche development plan after success at Hibiscus
BW Offshore has revised its development plan for the Ruche project, located in the Dussafu Marine license offshore Gabon, including the Hibiscus discovery.
UK: Buzzard field back online following repairs
CNOOC Petroleum has restarted its Buzzard field, located in the UK North Sea following the second shutdown this month.
Total profit tumbles due to lower prices
French oil major Total recorded a decrease in its 3Q 2019 profit affected by lower oil and gas prices despite an increase in production.
Vaalco eyes additional production in Gabon
Vaalco Energy has started drilling its first development well in the 2019/2020 drilling program offshore Gabon, which should add additional production in December. Vaalco started its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field last September. The company i
Mubadala gearing up to drill three Thai wells
Mubadala Petroleum is preparing to start a three-well drilling campaign on the Manora field located in the G1/48 concession in the northern Gulf of Thailand.
Trio in well intervention and stimulation pact in Norway
Oil company Aker BP, oilfield services provider Schlumberger, and Stimwell Services have established a well intervention and stimulation alliance to accelerate and boost oil production.
Inpex hires Solstad AHTS duo for Ichthys drilling support
Norwegian offshore vessel owner Solstad Offshore has been awarded a contract by Japanese oil and gas firm Inpex for the provision of two anchor handling tug supply (AHTS) vessels for work on the Ichthys LNG development.
Boa Offshore to transport caissons for Greater Tortue Ahmeyim project
French engineering company Eiffage has awarded a contract to Norwegian vessel owner Boa Offshore for transportation and float-off of 21 concrete caissons for the BP’s Greater Tortue Ahmeyim field development.
Saipem boasts new lifting record in Gulf of Mexico
Italian offshore contractor Saipem has said it has set a new local lifting record for the Gulf of Mexico, using its crane vessel Saipem 7000.
Ezion to sell jack-up rig trio for three dollars to reduce cash burn
Singapore’s offshore service rigs provider Ezion Holdings had entered into a conditional sale and purchase agreement for three jack-up rigs with TK and HR Services S.A. de C.V.
ConocoPhillips profit slips on lower oil prices
U.S. oil major ConocoPhillips recorded a smaller quarterly profit in 3Q 2019 due to lower realized oil prices and higher exploration expenses. ConocoPhillips on Tuesday reported third-quarter 2019 earnings of $3.1 billion, compared with third-quarter 2018 earnings of $1.9 billion. Excluding special
Hess to tie back new Gulf of Mexico oil find to Tubular Bells
Hess Corporation has made an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico.
Activists looking to disrupt Wintershall Dea’s drilling plans off Norway
Norwegian environmental groups are targeting Wintershall Dea’s offshore drilling plans at Lofoten location in Norway.
OKEA confirms presence of oil column at Draugen well
Oil and gas company OKEA has confirmed the presence of an oil column at the Draugen field well located offshore Norway.